Horizon Bank Advantage 55
transaction accountage limited
Advantage 55 is a transaction account from Horizon Bank. At $50,000 it pays 1.60% p.a. with no bonus conditions.
Not ranked: a transaction (everyday) account, not a savings account.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0 – $9,999.99stepped: paid on the part of the balance in this band | 0.01% |
| $10,000 – $49,999.99stepped: paid on the part of the balance in this band | 2.00% |
| $50,000 – $249,999.99stepped: paid on the part of the balance in this band | 2.25% |
| $250,000+stepped: paid on the part of the balance in this band | 2.75% |
The rates are stepped: each band's rate is paid on the part of the balance that falls in it, so a balance across several bands earns a blend of them.
Features
- card
- Visa Debit
- app
- yes
- Osko
- yes
- PayID
- yes
- PayTo
- yes
- BPAY
- yes
- transactions
- unlimited
- wallets
- Apple Pay, Samsung Pay and Google Pay
Other features, in the bank's words:
- Manage payments from your bank account using PayTo.
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- other fees named
- BULK_COIN_COUNTAGE, TOTAL_CASH_WITHDRAWAL_ABOVE_4000_PER_DAY, VISA_CARD_INTERNATIONAL_TRANSACTION_FEE (no amount in the feed)
- interest paid
- monthly
- interest calculated
- daily
- age
- ages 55 and over
- open to
- personal customers
- age limited
- open only to people of certain ages (kids, youth or seniors accounts)
Who can open it, in the bank's own words:
- age 55 and over
About this account
Our most popular everyday transaction account for customers aged 55 and over, featuring a wide range of account access options.
Data
- Horizon Bank's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees.
- Our verbatim snapshot of the bank's product record (source), as fetched on 5 November 2026.
/au/finance/savings-accounts/v1/brands/horizon-bank.json: this bank's accounts and every balance band as JSON; Horizon Bank's page lists them.- The bank last updated this record on 4 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at Horizon Bank
- Christmas Club savings account, 2.25% base at $50,000
- Direct savings account, 3.50% base at $50,000
- Reward Saver savings account, 0.00% base at $50,000
- SMSF Saver savings account, 3.25% base at $50,000
- Super Savers savings account, 5.50% conditional at $50,000
- Teen Account savings account, 4.25% base at $50,000
- Youth Reward Saver savings account, 5.50% conditional at $50,000
- Cash Management cash management account, 2.25% base at $50,000
- Business Savings transaction account, 0.01% base at $50,000
- Call Savings – S2 S20001 transaction account, 0.01% base at $50,000
- Call Savings – S4 S40001 transaction account, 0.01% base at $50,000
- Commercial Special Purstale transaction account
- Insurance Savings transaction account, 0.01% base at $50,000
- Redisavings transaction account, 0.01% base at $50,000
All of Horizon Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
We receive no payment from any lender for inclusion or ranking.
Deep Almanac is a secondary source and this page is provided for general information and reference. It is not financial, investment, legal, valuation, educational or other professional advice, and it is not a substitute for checking the original source. Rates change without notice, bonus interest is paid only in the months an account's conditions are met, and banks may apply conditions not captured here. You are responsible for any decision you or your software makes in reliance on this page. See our terms of use.